GENERAL9 Sept 2026
Up 230% in 4 sessions! ESDS Software Solution share price hits 10% upper circuit | Should you buy the newly listed stock | Stock Market News
ESDS Software shares have shot up around 230% from their ₹429 IPO price, hitting the 10% upper circuit today at ₹1,418.50. Strong cloud/AI demand and a nine-fold jump in profit are attracting buyers. One brokerage has a 'buy' call with a ₹1,550 target. But after such a quick rise, the stock is expensive. Investors who missed the IPO should wait for a better entry.
Key Statutory Highlights
- ESDS Software shares have jumped about 230% from their ₹429 IPO issue price and hit a 10% upper circuit at ₹1,418.50 on 9 September.
- The stock listed on 4 September on the NSE at ₹757, a 76.46% premium over the IPO issue price.
- Choice Equity Broking initiated coverage with a 'buy' rating and a target price of ₹1,550, suggesting about 20% upside from the previous close.
Actionable Advice for Taxpayers / Founders:Don't rush to buy after the huge rally — wait for the stock to cool off and consult your financial advisor before deciding.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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